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Updated over 5 years ago on . Most recent reply

User Stats

40
Posts
11
Votes
Einat Menashe
  • Rental Property Investor
  • Seattle, WA
11
Votes |
40
Posts

38511 Zipcode in Huntsville

Einat Menashe
  • Rental Property Investor
  • Seattle, WA
Posted

what do you think about the 38511 zipcode in Huntsville? I am looking buy a SFH using the BRRR strategy in a C+ neighborhood. Would that be a good area for that?

Also, what are some of the good or bad schools in Huntsville?

Most Popular Reply

User Stats

177
Posts
110
Votes
Tim White
  • Rental Property Investor
  • Madison, AL
110
Votes |
177
Posts
Tim White
  • Rental Property Investor
  • Madison, AL
Replied

@Einat Menashe I agree with @Mike S. about the property that is on Eastbrook is a C-. Those deals were a lot cheaper a few years ago. Also I would recommend staying away from doing a BRRR in those areas around $50K due to the appraisals. Most appraisers will use comps from the MLS and properties especially in that price range are sold outside of the MLS meaning it will be difficult to prove the value of your property.

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